AT&S invests up to €2 billion in Malaysia plan to capitalise on AI boom

Article excerpt

Austrian electronics manufacturer AT&S is pouring up to €2 billion into a massive expansion in Malaysia, betting that surging demand for artificial intelligence chips will drive growth in the region. The company plans to build advanced manufacturing facilities to produce the substrates that underpin semiconductor production, essential components in AI servers and processors. AT&S is among chipmakers and suppliers racing to boost capacity as tech giants like Nvidia, Microsoft, and Meta fuel an insatiable appetite for AI infrastructure. Malaysia, with its existing semiconductor ecosystem and strategic location, offers AT&S a foothold in one of the world's fastest-growing tech hubs.